Jaypee Infratech Limited Fixed Deposit Scheme

Company Profile: Jaypee Infratech Limited

Jaypee Infratech Limited (JIL) is an Indian infrastructure development company engaged in the development of the Yamuna Expressway and related real estate projects. JIL part of the Jaypee Group, was incorporated on April 5, 2007 as a special purpose company to develop, operate and maintain the Yamuna Expressway in the state of Uttar Pradesh, connecting Noida and Agra. The Yamuna Expressway is a 165-kilometre access-controlled six-lane concrete pavement expressway along the Yamuna river, with the potential to be widened to an eight-lane expressway.

The company also has the right to develop 25 million square metres (approximately 6,175 acres) of land along the Yamuna Expressway at five locations for residential, commercial, amusement, industrial and institutional purposes.

Features and Benefits of Jaypee Infratech Limited Fixed Deposit Scheme:

  • Minimum amount of deposit to be accepted is  Rs. 20,000 and in multiple of Rs. 1,000 thereafter
  • Post dated Interest Warrants for each financial year will be dispatched in advance
  • Income Tax will not be deducted upto interest Rs. 5,000 in a Financial Year
  • Nomination facility available
  • Premature withdrawal permissible as per the statutory guidelines

Interest Rate of Jaypee Infratech Limited Fixed Deposit Scheme:

Scheme A: Non-Cumulative Deposit Scheme (Interest compounded Monthly but Payable Quarterly)
Period (Months) Minimum Deposit Amount (Rs) Rate of Interest
12 20,000 11.75%
24 20,000 12.25%
36 20,000 12.50%

 

Scheme B: Cumulative Deposit Scheme (Interest compounded Monthly)
Period (Months) Minimum Deposit Amount (Rs) Maturity Amount (Rs) Rate of Interest Effective Yield
6 20,000 21,150 11.50%
12 20,000 22,480 11.75% 12.40%
24 20,000 25,520 12.25% 13.80%
36 20,000 29,044 12.50% 15.07%

Managers to the Scheme:

  1. Bajaj Capital Ltd
  2. R R Investors Retail Services Pvt Ltd
  3. Security Investment Ltd
  4. SMC Global Securities Ltd

4 thoughts on “Jaypee Infratech Limited Fixed Deposit Scheme”

  1. My FD of Rs. 2,5 lakhs matured on 07/09/2015, but no repayment till to date and no response either from the company

  2. Rajendra kumar Sharma

    Rajendra kumar Sharma my fd has been completed in October 15. But no return my money till now. I want to no about this. Reply.

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